Montgomery County, TN Housing Market Update: July 2026

Key Takeaways Montgomery County remained a buyer’s market in July. Homes lingered 73 days before selling, only 20% went under contract within two weeks, and 4.5 months of supply gave purchasers significant leverage. The median sale price edged up to $327,539, a 1.4% gain year over year—well below the 3.2% national increase and a modest recovery from June’s decline. Closed sales rose 5% year over year even as pending sales dropped 10%, meaning homes that went under contract earlier are closing while fewer new buyers are entering the market. Montgomery County, TN Housing Market Snapshot Median Sale Price Pending Sales Active Listings Days on Market Sold Above List $327,539 (+1.4% YoY) 423 (-10.0% YoY) 2,470 (+3.5% YoY) 73 days (+10 days YoY) 15.1% (+3.3 ppt YoY) Montgomery County’s housing market remained tilted toward buyers in July. The typical home took 73 days to sell, inventory stretched to 4.5 months of supply, and price growth barely kept pace with inflation at 1.4%. Sellers who priced realistically still found buyers, but the days of quick sales and aggressive bidding were long past. Below is a detailed look at Montgomery County, TN’s July 2026 numbers, along with what buyers...